Law & Regulation

Unlawful collection of Companies Office fees fixed under urgency

Ian Llewellyn
Fri, 20 May 2022

Unlawful collection of Companies Office fees fixed under urgency
Unlawful good intentions validated. (Image: Depositphotos)
Ian Llewellyn
Fri, 20 May 2022
The unlawful collection and administration of millions of dollars in fees by the New Zealand Companies Office over decades has been validated by a law passed through all stages under urgency in Parliament.Officials said it was “unusual” for the government to retrospectively correct a historical mistake, but the harm done was minimal and the Companies Office had been acting in good faith to keep overall costs down.As part of the budget, the government introduced the Companies Office Registers Funding Validation Bill.It sorts out a le...

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